$545,000
By car (off-peak)
Sold
Dreaming of a condo with a massive, covered balcony & river views and oversized balcony-perfect for relaxing and BBQ! This lovely 1 bed/1bath condo is beautifully appointed with SS appliances, stone countertops, laminate floors, deep soaker tub, & a massive deck. Move in ready! Freshly painted. Open plan kitchen, dining, & living room adjoining the covered outdoor space. Includes 1 parking/1 locker & 1 solar panel, as a part of the New Westminster Community Solar Garden initiative. EV charging on-site & visitor parking. Walk to Skytrain/transit,shops, services, cafes, Quay & more. Pets & rentals allowed. Built in 2014 by Ledingham McAllister.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Elevator, Storage |
| Fireplace | 0 |
| Heating Type | Baseboard, Electric |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Laminate |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| View Description | River-Southeast |
| Roof | Other |
| Structures | Multi Family, Residential Attached |
| Price | $500,000 |
|---|---|
| Total Bedrooms | 1 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 590 |
| Year Built | 2014 |
| Age Of Building | 12 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $290.75 |
| Community Features | Shopping Nearby |
| Amenities Nearby | Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water |
| Utility Type | Community, Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Underground, Guest, Garage Door Opener |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allowed |
| Pet Restrictions | Yes With Restrictions |
| Rental Suites | None |
| Lot Size Depth | Feet |
|---|---|
| Lot Size Frontage | 0 |
| MLS® # | R3069809 |
| Area | New Westminster |
| Neighbourhood | Downtown NW |
| City | New Westminster |
| Postal Code | V3L 0G5 |
| Gross Taxes | $2,269.26 |
| Zoning | RM-6A |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Bedroom | 11' x 11' ft |
| Main Level | Living Room | 13'5' x 13'5' ft |
| Main Level | Kitchen | 11'7' x 11'7' ft |
| Main Level | Foyer | 6'5' x 6'5' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
Listed by: Nu Stream Realty Inc. & Nu Stream Realty Inc.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
501 500 Royal Avenue has a sell-speed score of 66/100, placing it in the "Expected to sell within weeks" band. The listing is priced 10% above comparable active properties in Downtown NW. The local market is currently a Seller's Market with a sales-to-active ratio of 21.4% and an area average of 51 days on market — buyers are active. With only 252 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3L 0G5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~2.5 km). Annual avg AQHI 0 — Low Risk.
New Westminster currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.
Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
501 500 Royal Ave, New Westminster, BC is ideally located for commuters. The property is 0.3 km from Columbia, with a 36 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Fourth St @ Agnes St (0.15 km). Walk Score Transit rating: Excellent Transit (83/100).
Based on 10 comparable active apartments/condos in Downtown NW, the average asking price is $549,167. This listing is priced 9% below the neighbourhood average. This property is flagged as a Hot Deal (8.3% price reduction) based on its competitive pricing and market demand.
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